Mission
TO DISTRIBUTE ELECTRIC ENERGY TO OUR MEMBER-CONSUMERS OF RURAL RESIDENTIAL, SMALL COMMERCIAL, LARGE POWER AND PUBLIC AUTHORITY USERS IN A MANNER CONSISTENT WITH SOUND BUSINESS PRACTICES.
Public Charity
SOUTHWEST IOWA REC
SOUTHWEST IOWA REC is a nonprofit organization categorized as Public Charity based in CORNING, IA. Its most recent IRS filing (2025) reports revenue of $14.7M, expenses of $14.0M, total assets of $51.5M.
EIN: 200538386
CORNING, IA
Disaster Preparedness & Relief Services
NTEE: M20
Latest filing: 2025
Total Revenue$14.7M
Total Expenses$14.0M
Total Assets$51.5M
Grant Records0
Filing Years2021–2025
Officers & Directors
DIRECTOR
Adam Boswell
DIRECTOR
Alan Spencer
DIRECTOR
Bonnie Larson
DIRECTOR
Dale Walkup
DIRECTOR
Dana Morgan
TREASURER
Jason Smith
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14.7M | $14.0M | $51.5M |
| 2024 | $14.2M | $13.1M | $49.6M |
| 2023 | $13.2M | $12.6M | $44.5M |
| 2022 | $13.3M | $13.0M | $42.6M |
| 2021 | $12.9M | $12.9M | $40.6M |
Between 2021 and 2025, reported annual revenue grew from $12.9M to $14.7M (+14%), with total assets most recently reported at $51.5M.
Interactive year-over-year charts and full filing details available with membership.